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Last updated on Wednesday, September 08, 2010
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We focus on providing quality 1031 exchange replacement properties and traditional
triple net & multi tenant retail, industrial, office, and shopping center
investments nationally.
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BLOCKBUSTER Corp Sale Leaseback
Houma, LA
Bldg Size: 6,400 sq. ft.
Land: 2.63 acers
Lease Type: Single Tenant NNN
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Price: $990,000
Yield: 11 (CAP)
Expiration Date: 9/30/2020
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- Priced Well Below Replacement Cost
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Brand New 10-Year Corporate Sale-Leaseback with BLOCKBUSTER Inc. (NYSE: BBI)
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BLOCKBUSTER Inc.: 6,000+ Stores Worldwide | Revenues of $4.6+ Billion in January 2010
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Offering Includes Billboard Lease Through 2016
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Strategically Located Along MLK Jr. Blvd | Traffic: 25,000+ Cars / Day
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Anchor Tenants in Immediate Area: Wal-Mart, Lowe’s, Home Depot, Michaels, Target, Best Buy, Hobby Lobby,
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Office Depot, Dress Barn, Petco, BAM, Academy, Ashley Furniture, Bed Bath & Beyond
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Across from Vanderbilt Catholic High School - Established in 1870
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Retail Trade Area Draws from 4 Parish Region - 270K+ Residents | Houma: 60-Miles Southwest of New Orleans
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| Copyright (c) 2009 EXP Realty Advisors, Inc. All Rights Reserved |
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